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. the warning was aimed at defense department workers at the pentagon and around the world. secretary panetta sent them a written message, as he left for a nato defense ministers meeting in brussels. in it, he said there are limited options for coping with the looming across-the-board cuts. and, he said: >> on our civilians it will be catastrophic. >> woodruff: within hours, top pentagon officials were out, saying employees could lose one day of work per week for 22 weeks. civilians will experience a 20 percent decrease in their pay between late april and september. as a result, many families will be forced to make difficult decisions on where their financial obligations lie. >> reporter: the furloughs could start in late april and save roughly $5 billion. uniformed personnel at war would be exempt, but in a letter to congress, panetta wrote that the spending cuts will slow training and the procurement of weapons. the result, he said, will be a hollow force. the nation's top military leader had said as much last week at a senate hearing on the automatic cuts. chair of the joint chiefs of staf
? >> pentagon is talking about having less aircraft carrier presence. the foreign-policy establishment could see some of its dollars cut. foreign aid is never the favorite thing of the congress. some of those accounts could be pressured. a lot of these cuts ordered by sequestration are essentially dumb. they are acrsooss the board. certain things are exempt. ibo who run these cabinet departments often lack the authority just -- people who run these cabinet departments often lack the authority did say we are going -- authority to say we are going to keep this or that. us toes it hard for represent ourselves as a model that ought to be in related by others -- to be emulated by others. >> what do you hear when you talk to leaders around the world, not just about sequestration -- what are people saying to you? .> all those things america's inability to tackle its deficit and debt. able shake their heads. at the end of the day, -- people shake their heads. because at the end of the day, they are dependent on the united states. the united states controls the reserve currency, the dollar. a lot of thes
Search Results 0 to 3 of about 4 (some duplicates have been removed)